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angeles daily news." that is all for the program, thank you for joining us. we will now go to the senate homeland security and government affairs committee where chairman lieberman is going to be hosting a meeting about the ongoing threats. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2010] . >> i was struck yesterday by reading a gallup poll in one of the newspapers that showed a significant decrease in concern about terrorism among the american people. now, this is understandable, particularly because of the stress that current economic conditions have put so many american families under, but as the three witnesses know very well, the threat is still all too real. our committee knows that as well. it's our job and yours to be focused on protecting our homeland and our people from violent extremist and terrorists no matter what the state of public opinion is about it at the moment, and that's why, of course, we are so happy that -- and grateful that you are here today. the tragedy of 9/11 is a daily reality for the three of y
. this is a reaction to what another country is doing to us. china is restraining its currency unilaterally. i wish they were not. i wish they were allowing their currencies to more liberally fluctuate with its true accommodating value. but if they can act unilaterally to hold down their currency, to make their goods seem more expensive for us to purchase, then we have the right to act in our best interests, whether it is unilateral or not, to respond. that way we can give our workers and businesses a fair chance to compete. i did not know if i can ask you a question, mr. secretary, it because you have done remarkably good job of trying to explain how important this relationship with china is. i believe you're trying to speak not just to us and the american people but to the chinese as well. i hope that some of us are able to speak to you and to communicate to the chinese people and government to say that this is not about trying to get on the case of the chinese. we have seen this picture before. we did it over a century ago. people are wondering where we came from when we became number one. i thi
deserved for being a phenomenal leader and the u.s. congress for three decades, who's sitting right here in the front row. and i've just got to say how much all of it congressman phil crane has done for the cause. [applause] [alause] i've got to say one of the really early thrilled by head when i was enacted in politics as a young guy with cp had a guest there wasa young republican national convention in new orleans where i'm from and standing on a riverboat going down the river and congressman crane was there and was so approachable and he will remember it come up and i remember it to this day comes thathey're talking to me for the longest time, drinking a beer as if he had nothing better to do than talk to this college kid. and again, thank you, congressman crane. [applause] also one other shout out. my fellow yaf word member at georgetown university in the mid-80's and fellow fresan dorm for who we were in the same freshman dorm for, fellow iter, he is fed by a heck of a lot more people across this country than i did and is done great things to the conservative cause. my friend tried
at the time of economic and fiscal arrested, and second is this the best use of limited dollars given the pressing needs to take cover ou care of our people. i share the secretary's objectives are reducing duplication overhead and access in the defense enterprise and instilling a culture of savings and restraint across the department of defense. on august 9, the sector followed up by announcing a series of specific cost-cutting measures, including a reduction in funding and for service support contracts by 10% per year for three years, a freeze on the number of o.s.d. defense agencies, a freeze on the general officers, a review and reduction of the number of reports, studies, and advisory boards, new limits on positions and contractors for intelligence functions. i agree with the secretary on the rapidly-expanding service contractors who supports the department. too often in the past we have constrained and number of department of defense employees without raisplacing a limit on service contractors. and rather than saving money, we have lost badly needed talent, expertise, and institu
pensions were rewards of for a long work, and we used to regulate labor markets for companies. the retirement age, the existence of retirement age in our society is a function of decisions, both of increased productivity in the last century and decisions we made about allocating leisure. much of the leisure we chose to take from increased productivity went into shorter workweeks, went into longer vacations, earlier than in the last century, before say the 1950's. after the 1940's or so, much of the increased leisure went into what we call retirement, a time of non-work. we created this institution. it is malleable to some extent. it is also terribly important. the yearly retirement story is interesting. it begins to some extent with the unions very successfully negotiating 30-year and out early retirement options, and many of the unions that have defined benefits in many of the businesses agreed to early retirement provisions that served the purpose of on the one hand, rewarding workers for long-term service, and two, turning over the labor force. i say that because the flip s
is crossing the table. and they are able -- their business model is basically to use the power of their monopoly or duopoly position to extract more and more revenue from folks who are dependent on this service that is essential for the transaction -- the sale of gas, the sale of grocery -- to occur. and that business model that i think we have to reward is the hard work and good service and high quality and a fair price. and our merchants, individual merchants, have no capacity to protect themselves on the cost of each transaction. and when you have electronic transactions, they are pretty simple to do. there is an expense involved. the price as charged has to be fair. and unless you have a cop on the beat -- in this case, the federal reserve writing regulations to make certain the banks don't overreach so the charges are reasonable and proportionate -- you will see merchants getting hammered with because they can't control. it eats into their profits and their viability. this i think is overdue. other countries have a much lower cost per transaction, and their economies do fi
Search Results 0 to 5 of about 6

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